Workers at Factories Supplying Major Brands Continue Protests
About 3,000 garment workers from two factories that supply clothes to international brands Levi Strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of Social Affairs. Upon arriving at the ministry, workers employed by the ...
Loans, deposits mirroring growth
Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...
http://www.phnompenhpost.com/index.php/2012072457572/Business/loans-deposits-mirroring-growth.html
First crop of stevia is successful: company
Stevia Nutra Corporation, a Canadian agro-company, said in a press release on Friday that the initial growing season of stevia, commonly known as sweetleaf, in Cambodia was successfully completed. The first harvest of high-quality stevia leaves has now commenced and samples have been prepared for testing ...
http://www.phnompenhpost.com/2013031861981/Business/first-crop-of-stevia-is-successful-company.html
National silk board planned
A national silk board (NSB) under the Ministry of Commerce is being planned to weave tighter regulations into the Kingdom’s silk industry, the lack of which has deterred investors and hurt its export potential, according to industry representatives. Minister of Commerce Cham Prasidh said last week ...
http://www.phnompenhpost.com/2013060366008/Business/national-silk-board-planned.html
Thousands expected to visit Kep sea festival
At least 20,000 tourists and travellers will participate in the so-called “sea festival” at the end of this year, officials at the Kep province tourism department said. The two-day event, which started in 2011 as a tourism booster for the country’s coasts and beaches, was cancelled ...
http://www.phnompenhpost.com/business/thousands-expected-visit-kep-sea-festival
Mortgage Lending Rises for New Home-Buyers
Cambodians, particularly young adults, are more often turning to banks to help them buy their homes, according to figures obtained from the National Bank of Cambodia (NBC) yesterday. From $179 million in 2008, the total sum lent out to those buyers fell to $94.5 million ...
http://www.cambodiadaily.com/business/mortgage-lending-rises-for-new-home-buyers-20083/
Fish tale: A million released
A million fish formed the front line of the conservation fight yesterday, when Agriculture, Forestry and Fisheries officials released them in Kampong Thom provincial waters, celebrating the launching of a national aquaculture institute. Yesterday’s celebration of National Fish Day in Baray district marks the official start ...
http://www.phnompenhpost.com/2013070266609/National/fish-tale-a-million-released.html
Anti-Eviction Protesters Burn Tires, Block City Hall
About 30 anti-eviction protesters from the Boeng Kak lake community, along with 20 Buddhist monks, blocked the gates of Phnom Penh municipal hall and burned tires Monday demanding more compensation for evicted families, and calling for the removal of governor Pa Socheatvong. During the daylong demonstration, ...
Khuon Narim
http://www.cambodiadaily.com/news/boeng-kak-anti-eviction-protesters-burn-tires-block-city-hall-49608/
Cambodia near top of list for expat workers
Cambodia is one of the most attractive countries for expatriates working for US companies in ASEAN, according to a survey of 475 US business executives from throughout the region. Of those surveyed in Cambodia, 65 per cent reported that employees in other locations requested to relocate ...
http://www.phnompenhpost.com/business/cambodia-near-top-list-expat-workers
Council accepts first complaint in process
Though most of the opposition complaints reviewed by the Constitutional Council have been dismissed so far, one has been deemed credible and appropriate, a council spokesman said. According to spokesman Uth Chhorn, one complaint regarding a campaign-period clash between supporters of the opposition Cambodia National Rescue ...
Tragedy hits home
Seven Cambodians are now believed to have been killed and 14 injured by a falling beam at a construction site in Thailand on Tuesday, Foreign Affairs spokesman Koy Kuong said yesterday. “Cambodian embassy officials in Bangkok are working with the Thai police to find out the ...
Cheang Sokha and Shane Worrell
http://www.phnompenhpost.com/national/tragedy-hits-home
Mercedes halts imports over luxury tax
The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...
George Styllis
http://www.cambodiadaily.com/business/mercedes-halts-imports-over-luxury-tax-56050/
Red-headed cranes leave south VN province for Cambodia
A steep decline in the number of red-headed cranes, also known as Sarus cranes, has been recorded since early this year in southern Kien Giang province, the bird’s usual hot spot, compared to a sharp rise in a Cambodian sanctuary. Meanwhile, hundreds of them have ...
Tuoitrenews Staff
http://tuoitrenews.vn/society/18680/redheaded-cranes-leave-south-vn-province-for-cambodia
Economic expansion of Cambodia; an opportunity for Thai entrepreneurs
The retail marketing business in Cambodia has been growing at approximately 8% a year for the last 10 years and is expected to increase by 7.5% a year from 2014-2018. This economic expansion and greater purchasing power of Cambodians, is seen as presenting great opportunities ...
National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNRPT5705080010001
Commerce minister, US Ambassador swap praise after trade trip
U.S. Ambassador William Todd and Commerce Minister Sun Chanthol praised each other for their dedication to the development of the Cambodian economy at a press conference in Phnom Penh on Monday, following a joint trade mission last month to the U.S. Mr. Todd and Mr. Chanthol, ...
Alex Willemyns
http://www.cambodiadaily.com/news/commerce-minister-us-ambassador-swap-praise-after-trade-trip-63458/
Toll climbs as floods recede
The death toll from recent floods has climbed to 20 while rivers engorged with floodwater have completely swept away 10 houses, according to the National Committee for Disaster Management. In Prey Veng, the body of a police officer who slipped into a river while helping people ...
Pech Sotheary
http://www.phnompenhpost.com/national/toll-climbs-floods-recede
$50 million emergency fund for small and medium enterprises
The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...
Sok Chan
https://www.khmertimeskh.com/50702354/50-million-emergency-fund-for-small-and-medium-enterprises/
Alarm over proposed dam
The Sam Rainsy Party has asked Prime Minister Hun Sen to verify the details of a proposed dam that could inundate about 10,000 hectares of protected forest, citing concerns that it would lead to rampant illegal logging and devastate a traditional habitat of Siamese crocodiles. ...
David Boyle with additional reporting by Khouth Sophak Chakrya and Cassandra Yeap, P. 5
http://www.phnompenhpost.com/index.php/2012022954773/National-news/alarm-over-proposed-dam.html
Minister denies IDPoor suspensions were due to lack of funds
The Minister of Social Affairs yesterday denied a report that the government has no more budget to support the IDPoor subsidy programme. The statement came after the government suspended the cash support programme for pregnant women and children under two years for five days during ...
Sen David
https://www.khmertimeskh.com/50766058/minister-denies-idpoor-suspensions-were-due-to-lack-of-funds/
Bank, MFIs operations go on despite lockdown
The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown